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The Downers Grove YMCA has a fund- raising campaign to build a swimming pool in 6 years. Members raised $825,000; the pool is estimated to
The Downers Grove YMCA has a fund- raising campaign to build a swimming pool in 6 years. Members raised $825,000; the pool is estimated to cost $1,230,000. The money will be placed in Downers Grove bank, which pays daily interest at 6%. How much will they have in six years? Will the YMCA have enough money to pay for the pool in 6 Years?
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